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We empirically investigate the relationship between corruption and growth using a firm-level data set that is unique in … scale, covering almost 88,000 firms across 141 economies in 2006-2020, with wide-ranging corruption experiences. The scale … and detail of our data allow us to explore the corruption-growth relationship at a very local level, within industries in …
Persistent link: https://www.econbiz.de/10013232319
exogenous variation in the exposure of illegally favored firms using random municipality audits by a large anti-corruption …
Persistent link: https://www.econbiz.de/10012961455
relevant role of country-level development, institutions, and corruption. I find that out of a full set of ten different growth …, legal systems and property rights, and lower levels of corruption, firms face lower levels of financing constraints. I … provide novel empirical evidence that both firm- and country-level corruption hinder firms' access to financing …
Persistent link: https://www.econbiz.de/10012895967
We organized business associations for the owner-managers of young Chinese firms to study the effect of business networks on firm performance. We randomized 2,820 firms into small groups whose managers held monthly meetings for one year, and into a “no-meetings” control group. We find the...
Persistent link: https://www.econbiz.de/10013314575
This study examines the effect of a soft commitment device in the form of a savings goal calendar on savings for small business owners in Kampala, Uganda. We run a randomized controlled trial (RCT) under which the treatment group receives a calendar designed to set savings goals and to make a...
Persistent link: https://www.econbiz.de/10012384567
The orientation and investments of large and lead firms can shape the patterns of industrial development and growth in a country. It is thus important to understand the investment decisions of large firms and how they relate to policy in terms of building productive capacity in the South African...
Persistent link: https://www.econbiz.de/10012950484
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014391287
The paper investigates the role and impact of different groups of firms according to their growth type on macroeconomic aggregates at various stages of the economic cycle based on the entire population of firms in Slovenia. The applied classification of growing and fast-growing firms is based on...
Persistent link: https://www.econbiz.de/10012174732
I examine the relation between bureaucratic corruption ('to get things done') and firm performance in Central and … data from the Amadeus database. The estimates, identified from within-firm variation, suggest that bureaucratic corruption …
Persistent link: https://www.econbiz.de/10013096309
foreign direct investment (FDI) and corruption. The prevailing literature has produced confused and contradictory results on … this vital relationship due to errors in their measurement of corruption which are correlated with FDI inflows. When a less … biased operationalization is employed, we find clear evidence of corruption during both registration and procurement …
Persistent link: https://www.econbiz.de/10013075338